Element Other Current Assets vs Inventory Analysis
ESI Stock | USD 23.92 0.17 0.72% |
Element Solutions financial indicator trend analysis is much more than just examining Element Solutions latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Element Solutions is a good investment. Please check the relationship between Element Solutions Other Current Assets and its Inventory accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Element Solutions. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. For more detail on how to invest in Element Stock please use our How to Invest in Element Solutions guide.
Other Current Assets vs Inventory
Other Current Assets vs Inventory Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Element Solutions Other Current Assets account and Inventory. At this time, the significance of the direction appears to have very week relationship.
The correlation between Element Solutions' Other Current Assets and Inventory is 0.2. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Inventory in the same time period over historical financial statements of Element Solutions, assuming nothing else is changed. The correlation between historical values of Element Solutions' Other Current Assets and Inventory is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of Element Solutions are associated (or correlated) with its Inventory. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Inventory has no effect on the direction of Other Current Assets i.e., Element Solutions' Other Current Assets and Inventory go up and down completely randomly.
Correlation Coefficient | 0.2 |
Relationship Direction | Positive |
Relationship Strength | Very Weak |
Other Current Assets
Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.Inventory
Most indicators from Element Solutions' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Element Solutions current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Element Solutions. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. For more detail on how to invest in Element Stock please use our How to Invest in Element Solutions guide.As of now, Element Solutions' Enterprise Value Over EBITDA is increasing as compared to previous years. The Element Solutions' current Enterprise Value Multiple is estimated to increase to 18.81, while Tax Provision is projected to decrease to under 12.3 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 960.8M | 952.7M | 918.5M | 912.2M | Total Revenue | 2.4B | 2.5B | 2.3B | 2.2B |
Element Solutions fundamental ratios Correlations
Click cells to compare fundamentals
Element Solutions Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Element Solutions fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 260.1M | 249.9M | 247.9M | 245.8M | 241.8M | 228.1M | |
Total Assets | 4.3B | 4.5B | 5.1B | 4.9B | 5.0B | 6.6B | |
Short Long Term Debt Total | 1.5B | 1.5B | 1.9B | 1.9B | 1.9B | 2.2B | |
Other Current Liab | 34.1M | 7.1M | 79.2M | 149.2M | 217.3M | 194.0M | |
Total Current Liabilities | 293.8M | 314.3M | 415.2M | 344.4M | 369.4M | 440.5M | |
Total Stockholder Equity | 2.2B | 2.3B | 2.5B | 2.3B | 2.3B | 2.4B | |
Other Liab | 232.1M | 342.9M | 328.2M | 255M | 293.3M | 509.0M | |
Property Plant And Equipment Net | 264.8M | 240.4M | 278.1M | 277.2M | 296.9M | 315.7M | |
Current Deferred Revenue | 155.1M | 204.2M | 184.9M | 51.5M | 59.2M | 56.3M | |
Net Debt | 1.3B | 1.2B | 1.6B | 1.6B | 1.6B | 2.0B | |
Retained Earnings | (1.5B) | (1.5B) | (1.3B) | (1.2B) | (1.2B) | (1.2B) | |
Accounts Payable | 96.8M | 95.6M | 138.4M | 132.2M | 140.6M | 147.8M | |
Cash | 190.1M | 291.9M | 330.1M | 265.6M | 289.3M | 329.7M | |
Non Current Assets Total | 3.5B | 3.5B | 3.9B | 3.7B | 3.8B | 5.0B | |
Non Currrent Assets Other | 102.2M | 144.5M | 68.9M | 97.6M | 115.1M | 109.3M | |
Other Assets | 400K | 147M | 162.8M | 134.4M | 154.6M | 146.8M | |
Long Term Debt | 1.5B | 1.5B | 1.9B | 1.9B | 1.9B | 2.2B | |
Cash And Short Term Investments | 190.1M | 291.9M | 330.1M | 265.6M | 289.3M | 329.7M | |
Net Receivables | 363.9M | 403.4M | 492.2M | 455.8M | 461.8M | 598.2M | |
Good Will | 2.2B | 2.3B | 2.5B | 2.4B | 2.3B | 2.7B | |
Liabilities And Stockholders Equity | 4.3B | 4.5B | 5.1B | 4.9B | 5.0B | 6.6B | |
Non Current Liabilities Total | 1.8B | 1.9B | 2.2B | 2.2B | 2.3B | 2.6B | |
Inventory | 199.6M | 203.1M | 274.4M | 290.7M | 298.9M | 297.9M | |
Other Current Assets | 50.3M | 67.5M | 88.4M | 138.1M | 147.5M | 107.2M | |
Other Stockholder Equity | 4.0B | 4.0B | 4.0B | 3.9B | 3.9B | 2.7B | |
Total Liab | 2.1B | 2.2B | 2.6B | 2.6B | 2.6B | 3.0B | |
Property Plant And Equipment Gross | 264.8M | 240M | 545.1M | 566M | 621.2M | 396.3M | |
Total Current Assets | 833.4M | 989.9M | 1.2B | 1.2B | 1.2B | 1.6B | |
Accumulated Other Comprehensive Income | (280.5M) | (194.8M) | (197.4M) | (298.1M) | (345.9M) | (363.2M) | |
Treasury Stock | (3.5M) | (78.9M) | (137.7M) | (159.2M) | (143.3M) | (136.1M) | |
Short Term Debt | 7.8M | 7.4M | 12.7M | 11.5M | 10.4M | 9.8M | |
Intangible Assets | 944.4M | 855.9M | 956.7M | 805.5M | 879.3M | 1.2B | |
Property Plant Equipment | 264.8M | 240.4M | 278.1M | 277.2M | 318.8M | 314.7M | |
Net Tangible Assets | (903.1M) | (788.8M) | (1.0B) | 1.5B | 1.8B | 1.8B | |
Noncontrolling Interest In Consolidated Entity | (1.6M) | (1.7M) | 20.1M | 16.6M | 14.9M | 14.2M | |
Retained Earnings Total Equity | (1.5B) | (1.5B) | (1.3B) | (1.2B) | (1.1B) | (1.2B) | |
Long Term Debt Total | 1.5B | 1.5B | 1.9B | 1.9B | 1.7B | 2.6B |
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When determining whether Element Solutions offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Element Solutions' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Element Solutions Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Element Solutions Stock:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Element Solutions. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. For more detail on how to invest in Element Stock please use our How to Invest in Element Solutions guide.You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
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When running Element Solutions' price analysis, check to measure Element Solutions' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Element Solutions is operating at the current time. Most of Element Solutions' value examination focuses on studying past and present price action to predict the probability of Element Solutions' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Element Solutions' price. Additionally, you may evaluate how the addition of Element Solutions to your portfolios can decrease your overall portfolio volatility.
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Is Element Solutions' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Element Solutions. If investors know Element will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Element Solutions listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.293 | Dividend Share 0.32 | Earnings Share 0.52 | Revenue Per Share 9.661 | Quarterly Revenue Growth 0.001 |
The market value of Element Solutions is measured differently than its book value, which is the value of Element that is recorded on the company's balance sheet. Investors also form their own opinion of Element Solutions' value that differs from its market value or its book value, called intrinsic value, which is Element Solutions' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Element Solutions' market value can be influenced by many factors that don't directly affect Element Solutions' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Element Solutions' value and its price as these two are different measures arrived at by different means. Investors typically determine if Element Solutions is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Element Solutions' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.